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  1. PMI at 55 pts in March, slowing from Feb but above 50 for tenth month
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    softened slightly compared to the previous month. As orders increased, Greek manufacturers upped... despite slowing against the previous month’s multi-year high, thanks to new orders from both

    3%

  2. Are hirings in the public sector out of control?
    Photo by MacroPolis

    EconomyFeatures

    to those with previous contract experience, eliciting a strong response within the Supreme Council... up in previous years. The only governments not to have boosted the number of political advisors

    3%

  3. Credit standards and demand for corporate, household loans unchanged in Q1​

    EconomyMacroeconomy

    Credit standards for both corporate and household loans stayed unchanged from the previous quarter in the first quarter (Q1) of 2018, in line with earlier expectations, the Bank of Greece (BoG) bank... to the previous quarter. Banks expect credit standards for both corporate and household loans to remain unchanged

    3%

  4. PMI slows to 52.9 pts in April, sector confidence hits all-time high
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    displaying the weakest growth since November 2017 as the previous growth in the manufacturing sector... was slower than in previous months. Although orders softened, hiring continued at a strong pace

    3%

  5. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    percent in the previous quarter. NPL stock declined to 20.5 billion from 20.7 billion in Q4, while.... Interbank repos came to 2.3 billion in March 2018 compared to 1.5 billion in the previous quarter

    3%

  6. Lower yields for short- and long-term borrowing boost Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and the yield settled at 0.7 percent. The previous 26-week auction was at the beginning of April... of 0.59 percent. The yield of the previous 13-week auction on April 11 was 0.79 percent with a coverage

    3%

  7. Budget primary surplus at 2.33 bln in April on strong PIB underspend
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of 385 million euros noted in the previous month. The balance for April 2017 showed a surplus... in the aggregate period came to 35 million, a slight increase of around 3 million euros against the previous

    3%

  8. Greece and creditors reach SLA - legislation of reforms and debt relief talks next
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    , the European creditors announced that satisfactory progress was made in the previous days of negotiations... quickly to ensure that everything agreed during the previous days is implemented before the June 21

    3%

  9. Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    on a deficit of 385 million euros noted in the previous month. The balance for April 2017 showed... period were confirmed 35 million, a slight increase of around 3 million euros against the previous

    3%

  10. Manufacturing PMI up to 54.2 in May, completing 12 months of rises
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    it was in the previous month. The growth of new business picked up in May, while growth of new orders for exports hit... from the previous month.” With an added encouraging note that “the increased ability of firms

    3%